QPFF vs. ICVT

Last updated Jun 4, 2026

QPFF (American Century Quality Preferred ETF) and ICVT (iShares Convertible Bond ETF) are both Preferred Stock/Convertible Bonds funds. QPFF is actively managed, while ICVT is passively managed. QPFF charges 0.33%/yr vs 0.20%/yr for ICVT.

Performance

QPFF vs. ICVT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Quality Preferred ETF (QPFF) and iShares Convertible Bond ETF (ICVT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QPFF

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ICVT

• 1D: -0.97%
• 1M: 7.16%
• YTD: 25.28%
• 6M: 24.31%
• 1Y: 42.20%
• 3Y*: 21.04%
• 5Y*: 7.79%
• 10Y*: 13.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

QPFF vs. ICVT - Yearly Performance Comparison

	2026 (YTD)
QPFF American Century Quality Preferred ETF	0.00%
ICVT iShares Convertible Bond ETF	18.07%

QPFF vs. ICVT - Sectors Allocation Comparison

Sectors	QPFF	ICVT
Financial Services	51.6%	-
Utilities	5.5%	-
Real Estate	4.1%	-
Communication Services	3.6%	-
Consumer Cyclical	2.1%	13.0%
Industrials	1.2%	-
Basic Materials	0.3%	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	44.8%
Technology	-	55.2%

Return for Risk

QPFF vs. ICVT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ICVT

ICVT Risk / Return Rank: 87
ICVT Sharpe Ratio Rank: 87
ICVT Sortino Ratio Rank: 84
ICVT Omega Ratio Rank: 84
ICVT Calmar Ratio Rank: 90
ICVT Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QPFF vs. ICVT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Quality Preferred ETF (QPFF) and iShares Convertible Bond ETF (ICVT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	QPFF	ICVT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.95	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.78	—

Drawdowns

QPFF vs. ICVT - Drawdown Comparison

The maximum QPFF drawdown since its inception was 0.00%, smaller than the maximum ICVT drawdown of -33.25%. Use the drawdown chart below to compare losses from any high point for QPFF and ICVT.

Drawdown Indicators

	QPFF	ICVT	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-33.25%	+33.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.55%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.22%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.25%	—
Current Drawdown Current decline from peak	0.00%	-0.97%	+0.97%
Average Drawdown Average peak-to-trough decline	0.00%	-9.50%	+9.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.07%	—

Volatility

Volatility by Period

	QPFF	ICVT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.53%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	14.36%	-14.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	13.23%	-13.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	15.50%	-15.50%

QPFF vs. ICVT - Expense Ratio Comparison

QPFF has a 0.33% expense ratio, which is higher than ICVT's 0.20% expense ratio.

Dividends

QPFF vs. ICVT - Dividend Comparison

QPFF has not paid dividends to shareholders, while ICVT's dividend yield for the trailing twelve months is around 1.30%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ICVT iShares Convertible Bond ETF	1.30%	1.73%	2.19%	1.85%	1.93%	7.70%	3.98%	1.86%	4.82%	2.56%	3.06%	1.57%
QPFF American Century Quality Preferred ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, QPFF or ICVT?

On fees, ICVT is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QPFF or ICVT?

ICVT is cheaper with a 0.20% expense ratio, compared with 0.33% for QPFF.

Which ETF pays a higher dividend yield, QPFF or ICVT?

ICVT has the higher dividend yield at 1.30%, compared with 0.00% for QPFF.

What is the main difference between QPFF and ICVT?

They also come from different issuers: American Century and iShares. Their fees differ too: 0.33% for QPFF and 0.20% for ICVT.